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Intercompany Trademark License Agreement
"I need an Intercompany Trademark License Agreement for our Indian parent company to license its registered trademarks to three domestic subsidiary companies for use in their retail operations, with implementation planned for March 2025."
1. Parties: Identification of the licensor and licensee companies, including their registered addresses and company registration details
2. Background: Context of the agreement, relationship between the parties, and ownership of the trademarks
3. Definitions: Definitions of key terms used throughout the agreement, including 'Licensed Marks', 'Territory', 'Licensed Products', etc.
4. Grant of License: Scope and nature of the license (exclusive/non-exclusive), permitted uses, and territorial restrictions
5. Term and Renewal: Duration of the license agreement and conditions for renewal
6. Quality Control: Standards for use of trademarks, quality maintenance requirements, and inspection rights
7. Royalties and Payment Terms: Financial terms, calculation of royalties, payment schedule, and reporting requirements
8. Protection of Licensed Marks: Obligations regarding trademark protection, infringement reporting, and enforcement
9. Representations and Warranties: Standard warranties regarding trademark ownership, authority to license, and non-infringement
10. Record Keeping and Audit Rights: Requirements for maintaining records and licensor's audit rights
11. Termination: Grounds for termination, termination process, and post-termination obligations
12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
1. Sub-licensing Rights: Include when licensee needs right to sub-license to subsidiaries or affiliates
2. Special Indemnities: Include when specific indemnification provisions beyond standard warranties are required
3. Export Control: Include when licensed products may be subject to export restrictions
4. Corporate Social Responsibility: Include when specific CSR obligations need to be imposed on licensee
5. Force Majeure: Include when specific force majeure provisions beyond standard clauses are needed
6. Special Termination Rights: Include when additional termination rights are needed (e.g., change of control)
7. Competition Law Compliance: Include when specific competition law considerations need to be addressed
1. Schedule 1 - Licensed Marks: Detailed list of licensed trademarks, including registration numbers and status
2. Schedule 2 - Licensed Products/Services: Comprehensive description of products/services covered under the license
3. Schedule 3 - Brand Guidelines: Specific guidelines for trademark usage, including format, colors, and placement
4. Schedule 4 - Quality Control Standards: Detailed quality standards and specifications for licensed products
5. Schedule 5 - Royalty Calculations: Detailed methodology for calculating royalties, including examples
6. Schedule 6 - Reporting Templates: Templates for regular reports required under the agreement
7. Appendix A - Trademark Registrations: Copies of trademark registration certificates
8. Appendix B - Corporate Approvals: Copies of relevant corporate authorizations and board resolutions
Authors
Agreement
Approved Products
Brand Guidelines
Business Day
Commencement Date
Confidential Information
Control
Effective Date
Force Majeure Event
Group Company
Intellectual Property Rights
License
Licensed Marks
Licensed Products
Licensed Services
Licensed Territory
Licensee
Licensor
Net Sales
Quality Standards
Registered User
Related Party
Reporting Period
Royalty
Royalty Period
Subsidiary
Term
Territory
Trademark Registrations
Trade Marks Act
Use
Valid Claim
Grant of License
Scope of License
Term and Duration
Quality Control
Royalty and Payment
Audit Rights
Trademark Protection
Usage Guidelines
Sub-licensing
Confidentiality
Representations and Warranties
Indemnification
Record Keeping
Regulatory Compliance
Related Party Transactions
Brand Protection
Termination
Post-Termination Obligations
Assignment
Force Majeure
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Relationship of Parties
Amendment
Competition Law Compliance
Tax Compliance
Foreign Exchange Compliance
Manufacturing
Technology
Retail
Consumer Goods
Pharmaceuticals
Automotive
Fashion and Luxury
Food and Beverage
Electronics
Software and IT Services
Healthcare
Telecommunications
Financial Services
Media and Entertainment
Legal
Intellectual Property
Brand Management
Finance
Compliance
Corporate Secretarial
Commercial
Marketing
Business Development
Chief Legal Officer
Head of Intellectual Property
Brand Manager
Trademark Attorney
Corporate Counsel
Licensing Manager
Chief Executive Officer
Chief Financial Officer
Commercial Director
Compliance Officer
Company Secretary
General Counsel
IP Portfolio Manager
Legal Director
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